NASDAQ$JYNT

The Joint Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

The Joint Corp. reported first quarter 2022 financial results.

The Joint Corp. reported a revenue of $22.4 million, a net loss of $206,000, or $0.01 per share, and an adjusted EBITDA of $1.8 million. The company opened 31 clinics, including 27 franchised, and achieved a milestone of 100 corporate portfolio clinics, bringing total clinics to 736.

  • Revenue grew 28% compared to Q1 2021.
  • System-wide sales increased 27% compared to Q1 2021.
  • System-wide comp sales grew 15% compared to Q1 2021.
  • Opened 31 clinics, including 27 franchised - the most for a first quarter in the company’s history.

Headline financials

Total Revenue

$22.4M

Previous: $17.5M+27.9%
EPS (adj)

-$0.01

Previous: $0.16-106.3%
Capital Expenditures

-$1.29M

Previous: -$952K-35.5%
Free Cash Flow

-$1.5M

Previous: $1.36M-209.8%
Net Income

-$206K

Previous: $2.31M-108.9%
Operating Income

-$176K

Previous: $1.97M-108.9%
Gross Profit

$20.1M

Previous: $15.8M+27.5%
Cash & Equivalents

$18.3M

Previous: $17.8M+2.3%
Total Assets

$85.1M

Previous: $66.9M+27.1%

Revenue & EPS history

The Joint · Revenue · Quarterly

$22.4M

Q1 2022+27.9%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

Management updated its revenue and Adjusted EBITDA guidance to reflect the impact of the macro-economic environment and the impact of increased expenses. Management reaffirmed its guidance for franchised clinic openings and company-owned or managed clinic increases.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+1.5%

Avg return

Earnings day

+3.3%

Avg return

5 days after

+3.8%

Avg return

30 days after

53%

25 / 47 earnings

Positive

+26.0%

Q1 2024

Best reaction

-42.3%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-2.2%-6.0%
Q4 2025+2.0%+1.9%+6.3%
Q3 2025-3.9%+4.6%+6.1%
Q1 2025-5.0%-5.2%+14.1%
Q4 2024+4.6%+17.9%-1.3%
Q3 2024-2.8%-1.7%-3.1%
Q2 2024-5.1%-3.6%-8.7%
Q1 2024+26.0%+26.1%+17.4%
Q4 2023+25.7%+29.8%+34.8%
Q3 2023+1.3%+4.6%+15.1%
Q2 2023+1.8%-0.2%-14.6%
Q1 2023-3.1%-2.2%-11.2%
Q4 2022+2.3%+1.4%-1.2%
Q3 2022-4.6%-3.3%+1.6%
Q2 2022+15.2%+7.8%-9.6%
Q1 2022-42.3%-43.6%-46.2%
Q4 2021-9.9%-20.8%-24.7%
Q3 2021+5.8%+8.6%-21.8%
Q2 2021+18.9%+17.8%+22.0%
Q1 2021-4.5%-6.8%+28.2%
Q4 2020-10.0%-14.9%-7.0%
Q3 2020+7.1%+28.5%+35.2%
Q2 2020+13.5%+15.1%+23.7%
Q1 2020+9.9%+8.8%+35.6%
Q4 2019-3.0%-10.8%-42.2%
Q3 2019-3.6%-10.3%-13.1%
Q2 2019-0.1%+0.0%-6.2%
Q1 2019+8.7%+4.4%-7.2%
Q4 2018+12.6%+21.5%+42.4%
Q3 2018+3.8%+5.5%+0.5%
Q2 2018+8.5%+3.9%+2.8%
Q1 2018-3.0%+1.8%+1.9%
Q4 2017+8.2%+23.7%+35.9%
Q3 2017+16.2%+23.0%+8.6%
Q2 2017+3.6%+2.7%+34.5%
Q1 2017+7.3%+2.6%-1.3%
Q4 2016-15.3%-11.4%-15.8%
Q3 2016+3.7%+6.1%-6.5%
Q2 2016-0.5%-0.9%+28.9%
Q1 2016-0.0%
Q4 2015-21.5%
Q3 2015-6.1%
Q2 2015+1.3%
Q1 2015+6.2%
Q4 2014+4.0%
Q3 2014-1.6%
Q3 2013-1.6%
Q1 2014
Q4 2013

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